Primary cash balance posts deficit of 46 mln at end of July
Industrial turnover up by 8.1 pct in June for eighth consecutive rise
Budget primary surplus at 3.05 bln in 7-month, above target on underspend
Building activity up by 45.7 pct in May, highest since Dec 2005
Eurosystem funding drops by 3.9 bln in July on big decline in ELA
Unemployment at 21.7 pct in May after revised April figure
General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
Greece’s general government (gg) primary cash surplus increased by 1 billion euros to 5 billion in 2016 from around 4 billion in the previous year, the Finance Ministry (MoF) gg bulletin revealed on Friday evening.
The fiscal performance largely reflects an improvement in the surpluses of the extrabudgetary funds’ and social security funds (SSCs) by 2.65 and 1.11 billion respectively. This outweighed a deterioration in the state budget balance by 2.6 billion. In a...
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